OECD improves tool to predict the hazards of chemicals

Governments and the chemical industry spend millions of dollars every year testing the safety of chemicals that people use in their everyday lives. Computer modelling, through the OECD-designed QSAR Toolbox software, now replaces many of the tests traditionally done in the laboratory. This allows regulators and industry to save money and use fewer animals to predict the hazardous properties of chemicals.

Latin America: Tax revenues are rising, but still low and varied among countries

Tax revenues in Latin American countries are lower as a proportion of their national incomes than in most OECD countries, but are rising slowly. Revenue Statistics in Latin America shows that the average tax revenue to GDP ratio in the 15 Latin American countries covered by the report increased from 19% in 2009 to 19.4% in 2010, after falling from a high point of 19.7% in 2008.